7 months on rocket

501 Columbia Ave, Cumberland, MD, 21502

$134,000

Home List Price

$1,591*

Closing Credit

4 Bedrooms
3 Full Baths
2,030 SqFt
$66/SqFt
House

Location

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501 Columbia Ave, Cumberland$134,000

Buyer Closing Credits

$1,591*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1900
HeatingHot Water
CoolingNone
BasementYes
MLS #MDAL2008600
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 501 Columbia Ave

Welcome to this charming four-bedroom, three-bath property nestled in the North End neighborhood. This home offers versatility to suit your needs. Investors will appreciate the opportunity to acquire a turnkey investment property, boasting a reliable tenant with a strong rental history, currently generating $1200 per month. Alternatively, if you seek a spacious single-family home, this residence delivers generously sized rooms and minimal maintenance requirements, ensuring a comfortable lifestyle. Don't miss out on this fantastic opportunity – schedule your showing today and make this property yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level
  • Year Built: 1900
  • Stories: 3
  • Living Area: 2,030 SqFt

Listing Office:

  • Office Name: Gates Realty
  • Office Phone: (301) 697-4590
  • Listing Agent: Jared P Fradiska

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $579
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cumberland, MD.

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Cumberland, MD

City

Med. Sold Price

$149K

Med. Price/SqFt

$97

Avg. Days On Market

55

# of Sold Homes

39

501 Columbia Ave vs Cumberland

223 DAYS ON ROCKET

+168 Days

$134,000

-$15K Less

$66/SqFt

-$32 Less

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $32/SqFt less than other homes in Cumberland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAL2008600

Listing Office:

  • Office Name: Gates Realty
  • Office Phone: (301) 697-4590
  • Listing Agent: Jared P Fradiska

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2007Home Sold
$55,000
Nov 14, 2005Home Sold
$44,900

Tax History

YEARPROP. TAXASSESSMENT
2021$579$42,300
2020$579$62,400
2018$593$62,400
2017$376$39,800

History based on county public records data.

Payment Calculator

$736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$468

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-285496
5
/10

  • West Side Elementary School

  • 425 Paca St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-285497
9
/10

  • Northeast Elementary School

  • 11001 Forest Ave NE

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-285498
4
/10

  • South Penn Elementary School

  • 500 E Second St

  • 1.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,750. Residents of Cumberland, MD typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Columbia Ave

What is the listing price of this property?

The listing price of 501 Columbia Ave property is $134,000.

What type of property is this?

The property 501 Columbia Ave is a house located in Cumberland, Maryland, 21502.

Is this property for sale now?

Active Listing: 501 Columbia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $579 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 14, 2007 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Columbia Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 501 Columbia Ave is 2,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Columbia Ave is 1900.

Rocket Homes›Maryland›Allegany County›Cumberland›21502›501 Columbia Ave

This home is located at 501 Columbia Ave in Cumberland, MD and zip code 21502. This 2,030 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $134,000.

In October 2024 more than 10 listings in Cumberland, MD were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 23 were sold below. The number of listings in Cumberland, MD decreased by 7.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $149,000, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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